ArcBest Corporation was founded in 1935 as Arkansas Best Corporation, a local freight hauler.
Today the company specializes in long-haul, LTL – less-than-truckload shipments. LTL freight is when businesses send smaller shipments, which are then combined with other business’ freight to make enough to make a truckload. This reduces cost for the business.
Subsidiary ABF Freight Systems operates a fleet of 3,700 tractors and 20,000 trailers, does business through 270 terminals in the U.S., Canada and Puerto Rico, and is responsible for 75% of ArcBest Corporation’s total business.
ArcBest Corporation trades publicly on the NASDAQ under the ticker symbol ARCB, is a member of the S&P 600, is a member of the Russell 2000, is #889 in the Fortune 1000, has 13,200 employees, and had $2.61 billion in revenue in 2014.
ArcBest Corporation
ArcBest Corporation was founded in 1935 as Arkansas Best Corporation, a local freight hauler.
Today the company specializes in long-haul, LTL – less-than-truckload shipments. LTL freight is when businesses send smaller shipments, which are then combined with other business’ freight to make enough to make a truckload. This reduces cost for the business.
Subsidiary ABF Freight Systems operates a fleet of 3,700 tractors and 20,000 trailers, does business through 270 terminals in the U.S., Canada and Puerto Rico, and is responsible for 75% of ArcBest Corporation’s total business.
History
ArcBest Corporation trades publicly on the NASDAQ under the ticker symbol ARCB, is a member of the S&P 600, is a member of the Russell 2000, is #889 in the Fortune 1000, has 13,200 employees, and had $2.61 billion in revenue in 2014.